Texas § OC.2301.459 - PROHIBITION

Full text of Texas The Texas Constitution § OC.2301.459 — PROHIBITION, with citation guidance and answers to common questions.

§ OC.2301.459. PROHIBITION

PROHIBITION: USE OF PROMISSORY NOTE, SECURITY AGREEMENT, OR INSURANCE POLICY. Notwithstanding the terms of any franchise, a manufacturer, distributor, or representative may not require or attempt to require that a franchised dealer assign to or act as an agent for a manufacturer, distributor, or representative to secure: (1) a promissory note or security agreement given in connection with the sale or purchase of a new motor vehicle; or (2) an insurance policy on or having to do with the operation of a vehicle that is sold. Added by Acts 2001, 77th Leg., ch. 1421, Sec. 5, eff. June 1, 2003.

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Frequently Asked Questions About Texas § OC.2301.459

What does The Texas Constitution § OC.2301.459 cover?

Section OC.2301.459 ("PROHIBITION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § OC.2301.459?

A common citation format is "The Texas Constitution § OC.2301.459" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § OC.2301.459 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.